Dive Brief:

• Lululemon Athletica has beat analysts’ expectations, reporting a 13% increase in Q2 net revenue and a rise in e-commerce sales, which was 16.2% of total revenue compared to 14.3% in Q2 last year.

• The retailer seems to have moved past a scuffle with its founder, who sold half of his shares earlier this summer to avoid a proxy fight.

• The company has also expanded its product line beyond yoga basics and opened new stores in Europe.

Dive Insight:

This Q2 report is one of the first signs that Lululemon Althletica may indeed get its groove back. Things have simmered down between the retailer and its founder, Chip Wilson, who voted against two board members in June, saying their leadership was shortsighted.

The fitness retailer is still working past quality and public relations debacles from last year that hit just as competition in the activewear and fitness-plus-lifestyle category has heated up. That competition, in fact, just got fiercer with a new yoga line introduced by Sports Authority.